Local Foreign Exchange: Market Records $584m Increase Feb 7, 2024 0 The official Nigeria Autonomous Foreign Exchange Market witnessed a substantial boost, reaching $584 million in!-->…
Local Nigerians’ Foreign Expenditure Hits $98 Billion in a Decade Feb 7, 2024 0 According to recent data released by the Central Bank of Nigeria (CBN), Nigerians have spent over $98 billion on!-->…
Local Customs Intercepts N854m Worth of Vehicles in January Feb 7, 2024 0 The Nigeria Customs Service, Federal Operations Unit, Zone A, Ikeja, revealed that it intercepted 11 imported!-->…
Local CITN, Afolake Oso as Acting Registrar/Chief Executive Feb 7, 2024 0 The Chartered Institute of Taxation of Nigeria (CITN) has named Mrs. Afolake Oso as the acting registrar/chief!-->…
Local Nigerian Exchange Records N849 Billion Loss Feb 7, 2024 0 On Tuesday, the Nigerian Exchange witnessed losses spurred by declines in BUA Cement, Sterling Financial Holding!-->…
Local Cadbury Nigeria Records N8.397 bn Operating Profit- Reports Feb 7, 2024 0 Cadbury Nigeria Plc has disclosed a remarkable operating profit of N8.397 billion for the full year ending!-->…
Local Nigeria’s Inflation to Decline by 21.4% by 2024- CBN Feb 7, 2024 0 Mr. Yemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), projected a drop in Nigeria's inflationary!-->…
World Meta to Detect AI Tech Across Facebook and Instagram Feb 7, 2024 0 Meta, the parent company of Facebook, announces its intention to roll out technology capable of detecting and!-->…
Local WeWork’s CEO Interested in Buying Back Bankrupt Company Feb 7, 2024 0 Adam Neumann, the former CEO of WeWork, has expressed his desire to repurchase the bankrupt shared office company,!-->…
World Trump to Impose Higher Tariffs on Chinese Goods if Re-elected Feb 6, 2024 0 Former US president Donald Trump has declared his intention to levy additional tariffs on Chinese goods exceeding!-->…
World Yandex: “Russia’s Google” Withdraws from Home Feb 6, 2024 0 The owner of Yandex, dubbed "Russia's Google", has announced its withdrawal from its home country, selling its!-->…
World Businesses Deem Bank of Ghana’s Monetary Policy Insufficient Feb 6, 2024 0 Businesses have expressed dissatisfaction with the Bank of Ghana's (BoG) 100 basis point reduction in the monetary!-->…
World UBA Appoints new CEOs in Kenya and Sierra Leone Feb 6, 2024 0 United Bank for Africa (UBA) Plc has announced the appointments of Mary Mulili and Mohamed Alhajie Samoura as the!-->…
Local NNPC Adresses Concerns on Fuel Scarcity Feb 6, 2024 0 The Nigerian National Petroleum Company Limited (NNPCL) has addressed concerns regarding long queues at filling!-->…
Local Airtel Africa Plans $100 million Share Buyback Feb 6, 2024 0 Airtel Africa Plc has unveiled its intention to repurchase up to $100 million worth of its shares, underscoring!-->…
Local BAT (Nigeria) Unveils Solar Panel System Feb 6, 2024 0 Today, British American Tobacco (BAT) (Nigeria) Limited will inaugurate a 1.4MWP grid-tied solar panel system at!-->…
Local Bank Directors Supports CBN on Foreign Currency Hoarding Feb 6, 2024 0 The Bank Directors Association of Nigeria (BDAN) has expressed support for the Central Bank of Nigeria's (CBN)!-->…
Local IFC’s Invests $2 Billion Across Sectors in Nigeria Feb 6, 2024 0 Sergio Pimenta, the Regional Vice President for Africa at the International Finance Corporation (IFC), revealed!-->…
World Alan Kyerematen Plans to Revitalize Ghana’s Economy Feb 6, 2024 0 Alan John Kwadwo Kyerematen, Leader and Founder of the Movement for Change, has introduced his Great!-->…
Local NAFDAC Bans Alcoholic Beverages in Sachets Under 200ml Feb 6, 2024 0 The National Agency for Food and Drug Administration and Control (NAFDAC) has officially declared its intention to!-->…
Europe World Bank’s Managing Director to Embark on Visit to Nigeria Feb 6, 2024 0 Anna Bjerde, the Managing Director of Operations at the World Bank, is poised to undertake a pivotal two-day!-->…
Local Dollar Supply Surges, Naira Closes Week at N1435.53/$ Feb 5, 2024 0 In the official foreign exchange market, dollar supply witnessed a significant increase, rising by 180.59 percent!-->…
Local N146bn Needed for Marina Shoreline Repairs- FG Feb 5, 2024 0 The Minister of Works, David Umahi, has highlighted the need for N146 billion to repair the deteriorating Marina!-->…
Local Neveah Ltd Redeems N2.92bn Commercial Papers Feb 5, 2024 0 Neveah Limited, a commodity trading company specializing in solid minerals and agricultural products, has!-->…
Local NGX Regulation, IFRS, and FRC Nigeria Commits to Sustainability Reporting Feb 5, 2024 0 The NGX Regulation Limited, IFRS Foundation, and Financial Reporting Council of Nigeria have reaffirmed their!-->…
Africa Ghana Cabinet Withdraws 15% VAT on Electricity Feb 5, 2024 0 The Ghanaian Cabinet has decided to retract the 15% Value Added Tax (VAT) on electricity in response to widespread!-->…
Africa COCOBOD Dismisses Reports on Cocoa Importation as “Misinformation” Feb 5, 2024 0 COCOBOD has refuted media reports regarding a leaked official letter purportedly approving the importation of!-->…
Local Pres. Akufo-Addo Sends Condolence on the Passing of Namibian President Feb 5, 2024 0 President Nana Addo Dankwa Akufo-Addo has extended his condolences to the Government and people of Namibia!-->…
World Iraq Bans Eight Local Banks from U.S. Dollar Transactions Feb 5, 2024 0 Iraq has implemented a ban on eight local commercial banks from conducting U.S. dollar transactions as part of!-->…
Local Shell PLC Returns $23bn to Shareholders Feb 2, 2024 0 Shell Plc, in a statement released by its Chief Executive Officer, Wael Sawan, announced that it returned $23!-->…